Ambu enters into a final agreement to acquire assets from the US company Sleepmate Technologies - a leading player within sensors for sleep examinations As announced in company announcement no. 1-2008/09 Ambu entered into a conditional agreement on 4 November 2008 to acquire the assets of the US company Sleepmate Technologies Inc. The terms, which were conditional for the completion of the transaction, have been fulfilled, and the final agreement has been signed today. As previously announced the purchase price amounts to USD 6.9m and is paid in cash. Sleepmate Technologies is one of the leading players on the attractively growing US market within diagnostic sensors for Obstructive Sleep Apnea. As previously announced the acquisition will contribute to a strengthening of Ambu's market position within Neurology, particularly on the US market. It is not expected that the acquisition will contribute considerably to Ambu's revenue and profit in 2008/09.
Ambu enters into a final agreement to acquire assets from the US company Sleepmate Tech-nologies
| Source: Ambu A/S